You probably know Dodge as the maker of American automobiles like the Challenger, Durango, and Hornet. However, Dodge is actually owned by Stellantis NV (STLA -3.59%), a multinational corporation. Stellantis is a publicly traded company that's listed on the New York Stock Exchange, along with Euronext Milan and Euronext Paris exchanges. That means anyone can become part part-owner of Dodge and the other vehicle brands that Stellantis owns by buying its stock.
In this article, we'll explain who owns Dodge. We'll cover parent company Stellantis' largest shareholders, as well as who serves on its board of directors. We'll also walk you through the steps you need to take if you want to invest in Dodge.
NYSE: STLA
Key Data Points
Who owns Dodge?
Dodge began as a machine shop founded by brothers John and Horace Dodge in Detroit in 1901. The business grew to become the largest machine shop in Detroit and formed a partnership with Ford Motor Co. (F -0.36%) in 1903. But just over a decade later, the Dodge brothers parted ways with Ford and decided to build their own vehicle.
The first Dodge vehicles were introduced in 1914. By 1919, Dodge was producing more than 100,000 vehicles per year. In 1928, the Chrysler Corp. acquired Dodge.
In the aftermath of the 2008 global financial crisis, Italian automaker Fiat acquired a major stake in Chrysler which it gradually increased over several years. In 2014, Fiat completed the acquisition and formed Fiat Chrysler Automobiles (FCA). FCA later merged with Peugeot Invest and formed a new entity called Stellantis in 2021.
Today, Stellantis owns multiple major auto brands, including Dodge, Jeep, Chrysler, Ram, Fiat, Opel, Maserati, Citroen, and Peugeot. The company trades on the New York Stock Exchange and is a top automotive stock. It recently began selling electric vehicles in the U.S. after selling EVs in European markets for several years.
Board of Directors
How to invest in Dodge
If you buy stock in Stellantis, you'll become an investor not only in Dodge but in other American brands such as Jeep, Chrysler, and Ram as well as European automakers such as Fiat and Maserati. Since Stellantis is publicly traded, you can easily buy shares if you follow these steps:
- Open your brokerage account: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
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